[quote=UCGal][quote=paramount]This thread once again reminds me of the extreme greed found in San Diego, not to mention how out of touch and ruthless you 1%ers really are.[/quote]
I’m sorry you feel that way.
You’ve made similar comments in the past. I don’t consider myself a 1%er (probably safely in the 10% according to the census, though). But I am close to having a paid for house, and am hoping for an early retirement. But this was done the old fashioned way – spending less than I earn… driving old beater (paid for long ago) cars… bringing my lunch to work instead of eating out… having the same home furnishings I had 20 years ago… And tossing everything else in savings/investments.
It’s not about being greedy or ruthless. It’s about prioritizing what your goals are and making them happen.
You talk about greedy one percenters… and on the surface, you’d appear to be one… You drive a BMW, you own two houses… you have decent income…
It’s all about choices. If saving for the future is being greedy and ruthless… I guess I am greedy and ruthless.[/quote]
I doubt that by that definition too many Piggs are in the 1% club.
Still, I don’t think there is ANYTHING wrong with being in the 1% club. I’m certainly not but I wish I was. I know many friends that are in the “1% club” and they aren’t greedy or ruthless. They are extremely hard workers, that saved and planned and made prudent and wise investment decisions over the past many decades. Many of them own their own businesses and are totally self-made.
People like this should be admired, not admonished. After all, this group is paying the vast majority of taxes in this country. (I’ll skip the debate whether they should be paying even more…)
I have had years where I guess I would be considered in the 1%ers in terms of salary. No way I am ashamed of that. Rather I’m very proud of that.
I graduated college with a six figure student loan tab. No one gave me anything. Lots of long hard hours.
I’m not sure how somehow people that have high net worths became evil, greedy or ruthless. Sure, there are some people out there that are greedy, ruthless and greedy but so far I haven’t read any thing like that on this site.
No offense but no one on this board so far that I’ve read sounds like they are flying around in their private jet. LOL.
I will debate and argue any day of the week anyone that tries to say responsible hard workers like this are “greedy, ruthless, etc”. It’s just not the case.